MoneyMatrix Extends Foreign Jurisdictions Adding 25 Payment Options

So far in 2021, MoneyMatrix has added 25 new payment options to its solutions portfolio, extending its reach into foreign gaming jurisdictions to provide iGaming operators with localised payment methods.

The iGaming payment gateway and processing network, which is part of the EveryMatrix community, has made expanding its payment solutions and active territories a key part of its corporate strategy for 2021.

MoneyMatrix, headquartered in Malta, added some new countries to its list of operating territories in the first quarter of this year, including Latin America, Africa, and Europe, which are now covered by the 25 additional payment options.

Seamless and exceptional payment experience

MoneyMatrix’s CEO, Samoil Dolejan, stated: “Our business approach is clear: to help merchants provide a seamless and exceptional payment experience at each stage of the customer journey.”

“Different countries have different spending trends, spending power, levels of digitalisation and laws and regulations. For the gaming industry, localisation is key and, to maximise conversion, we need to make sure we offer our merchants’ payment options that players are familiar with.”

CashToCode eVoucher, Pix,VIVA Wallets and Spots

The CashtoCode eVoucher, which is used in Latin America and Africa; Pix, a payment system developed in collaboration with Brazil’s central bank; and VIVA Wallets and Spots, which are used in Greece and Bulgaria, among other European markets.

MoneyMatrix kicked off 2021 with the launch of its Identity Monitoring Application in early January, aimed at helping iGaming operators improve risk management procedures.

MoneyMatrix’s position in the iGaming sectors of 14 European Union countries, in addition to the UK, was greatly enhanced by an agreement with payments industry leader PayPal.